Einhorn’s Greenlight Fund Jumps 4.8% in July as Stocks Rally

(Bloomberg) The main fund at David Einhorn’s Greenlight Capital rose 4.8 percent in July as U.S. stock markets saw their strongest month since March.

The gains boosted the hedge fund’s 2016 return to 5.7 percent, according to an e-mail sent to investors that was obtained by Bloomberg. The performance accelerates Einhorn’s attempt to recover from a loss of more than 20 percent last year.

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